The vast majority of companies still rely on traditional organisational designs characterised by hierarchical structures, and steering with budgets. But these designs are outdated, severely limiting a company's ability to act and respond in today’s fast-changing environments. 

How can organisations operate viably in this age of uncertainty?

One of the biggest barriers for organisations to increase agility comes from unaligned top-down and bottom-up planning processes.

Although the world remains locked in battle with Covid-19, we are starting to emerge from survival mode and to consider our post-pandemic future. This means figuring out what's here to stay from the past 18 months, and what needs to change. One thing is certain, though: we are not going to continue where we left off in 2019 and 2020. 

In this uncertain business environment, organisations must strive to become more agile and data-driven. Developed by the International FP&A Board, the FP&A Maturity Model provides a roadmap for just such a transformation.

In this uncertain environment organisational agility often faces a huge barrier: unaligned top-down and bottom-up planning processes.

Whether it’s financial reports, management analysis or updates to financial processes and systems, Agile approaches are becoming more attractive for Finance teams. When adopted successfully, organisations see improvements in quality, speed of delivery, and overall customer satisfaction.